MINNEAPOLIS and WESTBOROUGH, Mass. -- ADC (Nasdaq:ADCT, www.adc.com), a leading global supplier of fiber optics, network equipment, software and integration services for broadband, multiservice networks, and Broadband Access Systems (www.basystems.com), a leading supplier of next-generation, Internet Protocol (IP) access platforms, have reached an agreement for the acquisition of Broadband Access Systems by ADC.

"We are excited to join ADC in serving the high-growth market for IP-based services over broadband networks," said Dave Paolino, CEO of Broadband Access Systems. "It has been Broadband Access Systems' mission since day one to be a leader in the broadband market. Broadband Access Systems' industry-first, carrier-class IP platform and software combined with ADC's leading bundles of fiber optics, network equipment, software and integration services puts us in a strong position to help communications service providers worldwide reap the full benefits of high-speed Internet access and high-capacity voice-over-IP telephony services."

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